Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

Register

21 June 2025

Home / Noticeboard 2022

VanEck

  •   14 December 2022
  •      
  •   

Australia’s first Carbon Credits ETF added to platforms

Sydney, 14 December, 2022 – VanEck today announced that its Global Carbon Credits ETF (Synthetic) (ASX: XCO2) has been added to key platforms managed by HUB24, AMP and BT.

Since its launch on ASX on 13 October 2022, XCO2 has returned 16.39%1 (after fees) to 12 December 2022 and is continuing to attract strong interest from platforms, financial advisers and brokers.

Arian Neiron CEO and Managing Director VanEck, Asia Pacific, said: “XCO2 has generated a great deal of investor interest, well ahead of our expectations. We believe this growth will continue into 2023.”

XCO2 is an Australian first that offers instant access via the ASX to an investment in carbon markets which are viewed as a vital tool to help in the fight against climate change. XCO2 tracks the ICE Global Carbon Futures Index, which sources carbon credit futures prices from the four most actively traded and largest carbon markets and emission trading schemes (ETS) in the world. These are the European Union Emissions Trading Scheme, the Western Climate Initiative (California Cap and Trade Program), the Regional Greenhouse Gas Initiative (RGGI) and the UK Emissions Trading Scheme.

Since its launch XCO2 has been added to HUB24 Invest - CHOICE, AMP MyNorth Investments, BT Panorama Investments and ANZ Grow Wrap Investments, with a number of other platforms signalling XCO2 will be added imminently.

“In the time since we launched XCO2, we have been impressed by the desire to learn about this new asset class. In addition, as part of an overall review, we’ve decided to reduce XCO2’s management fee. The review also examined our operational performance and efficiency,” said Neiron.

“While XCO2’s new fee is in line with similar investments, it provides exposure to the largest and most liquid carbon markets in the world and is managed by a pioneering global firm with an established history in alternative asset classes and futures trading.”

“Carbon credits have historically been lowly correlated to mainstream asset classes and can be potentially used as a hedge against the impact of carbon emissions risks on investor portfolios. XCO2 allows investors to take advantage of the potential rise of carbon credit prices by giving investors access to the biggest global emissions trading schemes.”

“Any rise in carbon prices may also support responsible investing and incentivise pollution reduction schemes and policies as governments work harder to meet global climate agreements. Companies too are better aligning their production with environmental, social, and governance (ESG) investment goals, and many are using carbon credits to do this,” said Neiron.

1 Source: Morningstar Direct

 

Firstlinks is sponsored by:
banner

Most viewed in recent weeks

Australian house prices close in on world record

Sydney is set to become the world’s most expensive city for housing over the next 12 months, a new report shows. Our other major cities aren’t far behind unless there are major changes to improve housing affordability.

The case for the $3 million super tax

The Government's proposed tax has copped a lot of flack though I think it's a reasonable approach to improve the long-term sustainability of superannuation and the retirement income system. Here’s why.

The revolt against Baby Boomer wealth

The $3m super tax could be put down to the Government needing money and the wealthy being easy targets. It’s deeper than that though and this looks at the factors behind the policy and why more taxes on the wealthy are coming.

Meg on SMSFs: Withdrawing assets ahead of the $3m super tax

The super tax has caused an almighty scuffle, but for SMSFs impacted by the proposed tax, a big question remains: what should they do now? Here are ideas for those wanting to withdraw money from their SMSF.

Tariffs are a smokescreen to Trump's real endgame

Behind market volatility and tariff threats lies a deeper strategy. Trump’s real goal isn’t trade reform but managing America's massive debts, preserving bond market confidence, and preparing for potential QE.

The super tax and the defined benefits scandal

Australia's superannuation inequities date back to poor decisions made by Parliament two decades ago. If super for the wealthy needs resetting, so too does the defined benefits schemes for our public servants.

Latest Updates

Are franking credits hurting Australia’s economy?

Business investment and per capita GDP have languished over the past decade and the Labor Government is conducting inquiries to find out why. Franking credits should be part of the debate about our stalling economy.

Superannuation

7 examples of how the new super tax will be calculated

You've no doubt heard about Division 296. These case studies show what people at various levels above the $3 million threshold might need to pay the ATO, with examples ranging from under $500 to more than $35,000.

Have Apple and Google reached the beginning of the end?

It might be hard to imagine a world where Apple and Google aren’t dominant, but disruption often starts with tiny cracks. AI's emergence into the mainstream might have set the stage for a new generation of leaders.

Superannuation

Did retirees lose out when they accepted defined benefit schemes?

Defined benefit pensions were designed to offer security in retirement. But new tax policies and arbitrary limits now erode their value - especially for Australians who contributed their own savings to these plans.

Property

Why Australia's agricultural land boom has stalled

Farmland prices have flatlined, bringing one of the most dramatic rural property cycles in Australian history to an end. The market for agricultural land now seems to be entering a new and more nuanced phase.

Property

The retail property niche offering income and growth

Neighbourhood shopping centres have fought off one perceived threat after another. What's more, they continue to offer secure income from blue-chip firms and other tenants linked mostly to essential spending.

ASX plans to attract more IPOs don’t go far enough

High-profile Australian stock market listings, like Guzman Y Gomez's IPO in 2024, are rare. ASIC aims to streamline the IPO process to boost listings, but faces barriers like share structures and governance.

Sponsors

Alliances

Site Map

About Firstlinks

© 2025 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.